Top Stories for May 22, 2012

mexbiznews.com will resume full publication May 28

Columnists

Guns. Drugs. Poverty. These three words sum up the view too many people have of Latin America. Except, Latin America is both more economically significant and more developed both in terms of markets and societies than we might realize.   Guns...
Jeremy Martin
As the Mexican presidential campaign officially kicks off, there are a host of issues that form an important backdrop for the coming national debate.   Beyond violence and security, there are five economic and energy-related topics that merit...

Fox News Latino - Forty-nine decapitated and mutilated bodies were found Sunday along a highway connecting the industrial hub of Monterrey in northern Mexico to the U.S. border, in what may signal an escalating war of terror among drug gangs.

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Reuters - Mexican presidential front-runner Enrique Pena Nieto has extended the big lead he holds over his nearest rival in the campaign for the July 1 election to 38.t percent after the first televised debate Sunday, a poll showed on Friday.

www....

Associated Press — The American Civil Liberties Union said Thursday that border inspectors have used excessive force and performed humiliating body searches on travelers entering the United States from Mexico.

www.boston.com/news/nation/...

Fresh Plaza - Biobest Mexico and Mexican partner Distribuciones Imex are starting a Mexican production of beneficial insects for use in both the Mexican and surrounding countries agricultural markets.

www.freshplaza.com/news_detail.asp

PRNewswire - Chicago will host the second edition of Expo Mexico Emprende, an initiative of the Mexican government to encourage Mexicans on both sides of the border to use remittances to start and grow businesses in Mexico.
www.marketwatch.com/story/expo-mexico-...

Asia One - More than 100,000 people massed in the giant Zocalo plaza late Thursday for a free concert by Paul McCartney, who sent the crowd into a frenzy by performing "Ob-La-Di, Ob-La-Da" along with Mexican mariachis.

news.asiaone.com/News/Latest%2BNews/Showbiz/...

Reuters  - A Frenchwoman imprisoned for participating in a kidnapping ring in Mexico should be released, according to the Mexican judge in charge of reviewing a case that has caused a rift between the two nations.

www.chicagotribune.com/news/sns-rt-us-mexico-...

IPS - Although Mexico has signed several multilateral anti-corruption agreements, so far these instruments have yielded few concrete results in combating the rampant bribery, extortion and embezzlement, according to experts.

ipsnews.net/news.asp

McClatchy Newspapers - The two most populous nations of Latin America have long jockeyed for hemispheric clout. Yet as Brazil became the world's sixth largest economy, its sustained economic rise has left Mexico - at No. 13 - feeling marginalized.

www.kansascity.com/2012/05/10/3604703/...

Reuters - America Movil, the telecommunications company owned by Mexican billionaire Carlos Slim, intends to boost its presence in the United States with the purchase of California-based Simple Mobile, the second planned acquisition it unveiled this week.

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Fox News Latino - Mexico's state-owned oil monopoly Petroleos Mexicanos has denied any accounting irregularity after a congressional oversight body said it had identified a possible $30 billion fraud.

latino.foxnews.com/latino/politics/2012/05/09/mexico-pemex-says-...

Dow Jones - The local brokerage house of Bulltick Capital Markets has requested the Mexican securities regulator revoke its operating license after the brokerage triggered a mini "flash crash" in April by entering an erroneous trade.

www.foxbusiness.com/news/2012/05...

sfexaminer.com - San Francisco-based philanthropist and author Elisabeth Thieriot allegedly filmed a documentary without a valid permit on Mexican government ground and then fled the country with the footage, according to Mexican government documents.

www....

Fox News Latino - A video on the Internet discovered by a mother in Mexico has upended a conservative, primarily indigenous community. The video captured sexual acts by sixth-graders inside an empty classroom during recess in the Gulf Coast state of Campeche.
latino.foxnews.com/...

Reuters - Mexico's leftist presidential candidate Andres Manuel Lopez Obrador has moved into second place in the running for the July 1 election, a poll showed on Wednesday, though he trails badly in overall support.

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Christian Science Monitor - Parents associations are starting to penetrate the hallways of Mexico's schools, not only helping to build infrastructure or raise money, but to demand that teachers show up to class and teach sudents basic skills.

www.csmonitor.com/World/Americas/2012/...

Dow Jones - UBS raised its recommendation on shares of Mexican retailer Wal-Mart de Mexico to buy from neutral, saying that current valuations implying no store growth are "too dramatic."

online.wsj.com/article/BT-CO-20120510-712373.html

Dow Jones - The Mexican peso closed weaker against the U.S. dollar Wednesday, weighed down again by intensified political and economical crisis in Europe. The peso closed at 13.4795 to the dollar.

online.wsj.com/article/BT-CO-20120509-720567.html

Dow Jones - Mexican stocks were moderately lower in early trading on Wednesday as events in the euro zone continued to inject risk fears into market. The IPC index was losing 0.5 percent to 39,015 points.

online.wsj.com/article/BT-CO-20120509-713362.html

Dow Jones - Mexico's biggest petrochemicals company, Alpek, says falling natural gas prices in North America was key in deciding to list the company separately on the stock market, while the lack of energy reforms is holding the domestic industry back.

online.wsj.com/article/BT-CO-20120508-722536.html

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